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Property profile & analytics
OFF-MARKET
Estimated value
$755,000
Retail space
619-621 Hamilton St Allentown, PA 18101
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US73-1747767
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1950
Total area
5,712 SF
Lot
0.08 ac (3,600 SF)
Zoning code
B-2
APN
640710365348-1
UPID
US73-1747767
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$845k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$859k
Blend (final)
Blend
$755k
Owner & transaction history
Aspiring Investments LLC · 5 yrs held
Aspiring Investments LLC
since 2020
Last sale
$600,000
7 recorded transactions
Zoning & alternative use
B-2 · Allentown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.2M
+92.6%
Restaurant
$1.1M
+74.6%
Auto repair, garage
$1.1M
+71.1%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Allentown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Allentown submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$815,000
ML approach
$845,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$635,000
Current use
MEDICAL BUILDING
$1,220,000
Change: +93% · Conversion: Difficult
RESTAURANT
$1,110,000
Change: +75% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,085,000
Change: +71% · Conversion: Difficult
COMMERCIAL (GENERAL)
$785,000
Change: +23% · Conversion: Easy
OFFICE BUILDING
$760,000
Change: +20% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$680,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$755k
Range $680k – $831k · ±10% · vs last sale $600k (Sep 25 2020)
Last sale anchor
$600k
Sep 25 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$132 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$10,685
Tax year 2024
Assessed value
$323,800
Assessed 2024
Previous assessed
$323,800
+0.0% YoY
Effective rate
3.30%
On assessed value
Assessed land
$36,000
Assessed improvement
$287,800
Land market value
$36,000
Improvement market value
$287,800
Total market value
$323,800
Applied tax rate
5.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1950
Heating
YES
Cooling
YES
Stories
3
Units
2
Total area
5,712 SF
Lot
0.08 ac (3,600 SF)
Zoning code
B-2
APN
640710365348-1
UPID
US73-1747767
Jurisdiction
LEHIGH
Zoning & alternative use
B-2 · Allentown, PA
Zoning B-2 · permitted uses
B-2 · Allentown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Allentown. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$635,000
MEDICAL BUILDING
Est. value
$1.2M
RESTAURANT
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$785,000
OFFICE BUILDING
Est. value
$760,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$680,000
RETAIL STORES Current
MEDICAL BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1950
Heating
YES
Cooling
Yes
Stories
3
Units
2
Lot
0.08 ac
Current owner
From public records · entity-resolved
Aspiring Investments LLC
Entity
Mailing address
3583 SAND SPG RD, SCHNECKSVILLE, PA 18078-3046
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 25, 2020
$600,000
Aspiring Investments LLC
Thomas P Williams
Deed
$480,000 · American Bank
Sep 21, 2016
—
Thomas P Williams
—
Deed
related
$150,000 · Merchants Bank Of Bangor
Dec 3, 2014
—
Thomas P Williams
Owner Name Unavailable
Grant Deed
related
—
May 14, 2013
$330,000
Thomas P Williams
Coleman,ronald H
Grant Deed
—
Sep 25, 2006
$200,000
Ronald H Coleman
Shehadeh,george & Maha
Grant Deed
$377,500 · Nova Savings Bank
Jun 10, 2005
$150,000
George Shehadeh
Adiguzelli Birlik LLC
Grant Deed
$150,000 · Adiguzelli Birlik LLC
Jun 6, 2003
$90,000
Adiguzelli Birlick LLC
Bui,thomas & Ha T
Grant Deed
$40,000 · Thomas & Ha T Bui
Sep 15, 2000
$70,000
Thomas Bui
Land Holding INC
Grant Deed
—
Jan 26, 2000
—
Land Holding LP
Sincavage,mark
Trustees Deed
related
—
—
—
Thomas P Williams
—
Deed Of Trust
related
$1,250,000 · Merchants Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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